name and explain three tricks that management can play to manage earnings. explain how using financial ratios can help spot these tricks.
Answers
Following are some tips on how management can influence results in accordance with the query and how profitability reports can be used to identify these tactics.
What is management in everyday terms?Management is the act of organizing a company's actions and resources to meet certain objectives as quickly and effectively as feasible. In management, efficiency is the capacity to complete tasks efficiently and cost-effectively.
a) Revenue and costFollowing are some tips on how management can influence results in accordance with the query and how profitability reports can be used to identify these tactics.
What is management in everyday terms?
Management is the act of organizing a company's actions and resources to meet certain objectives as quickly and effectively as feasible. In management, efficiency is the capacity to complete tasks efficiently and cost-effectively.
a) Revenue and cost recognition: The company might recognize potential earnings before it has been completely achieved or postpone recognizing expenses in order to boost profit for the current period.
b) By altering the accounting methods, management can manipulate profits.
c) Depending on the goal, leadership may choose for a prudent or aggressive approach.
d) Fantastical sales
e) Inaccurate asset estimate
Financial ratios include the gross profit margin, leverage ratio, and cost of goods sold to revenue ratio.
2) It's essential to analyse profitability in order to determine the investment's return and determine the appropriate yields owners should receive.
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Related Questions
what is financial accounting??
Any one help me
Answers
Answer:
Financial accounting is a particular type of accounting that includes a method of documenting, summarising, and reporting the transactions arising from business operations for a period of time.
Financial accounting reflects the accounting on "accrual basis" over the accounting on "cash basis
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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c) Differentiate between Celebrity Advertising and Public Service Advertising.
Answers
Answer:
one has to do with advertising for a career and the other for the public and the well-being of others. also, celebrity advertising is for one person while public service advertising is for many.
Explanation:
Sydnee would like a chart to appear once in her report, but she is having trouble making this occur. She does not understand why the chart is showing multiple times in the report. What is most likely causing the problem?
The chart is placed in the header and footer of a database.
The chart is placed in the field of a database.
The chart is placed in a database with one group.
The chart is placed in a database with five groups.
Answers
Answer:
The chart is placed in a database with five groups.
Hope this helped.
If 3000 sofas were started into production in framing on may 1 and 2500 sofas were completed and transferred out to upholstering, what was unit cost opf materials for may in framing dept
Answers
The unit cost of materials for May in the framing department can be found by dividing the total cost of materials used in May by the number of sofas completed and transferred out to upholstering.
1. First, find the total cost of materials used in May. This information should be provided in the question. Let's say the total cost of materials used in May was $75,000.
2. Next, divide the total cost of materials by the number of sofas completed and transferred out to upholstering. In this case, $75,000 ÷ 2500 = $30.
3. Therefore, the unit cost of materials for May in the framing department is $30.
Answer: $30.
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this type of business is made up of family members and close friends and are not allowed to sell their shares to the public.
Answers
Answer:
private limited companies
Explanation:
usually small to medium size business but there shares cannot be sold to the public.
differentiate with the aid of a diagram between a
strong and a weak natural monopoly and sustainability or otherwise
of each (13)
Answers
Strong natural monopoly: Sustainable, single firm supplies the entire market at a lower cost.
Weak natural monopoly: The not sustainable, single firm has a cost advantage but can't serve the entire market efficiently.
A strong natural monopoly occurs when a single firm can supply the entire market at a lower cost than multiple firms. It is sustainable because it exhibits economies of scale and can operate efficiently without competition, leading to lower prices for consumers. A weak natural monopoly occurs when a single firm has a cost advantage but cannot supply the entire market at a lower cost. It is not sustainable in the long run as new entrants can compete and potentially drive down prices further. In a diagram, a strong natural monopoly is represented by a declining average cost curve that intersects the market demand curve at a point where no other firm can enter and compete. This indicates that the monopolistic firm can produce at a lower cost and serve the entire market efficiently. A weak natural monopoly, on the other hand, shows a declining average cost curve that intersects the market demand curve at a point where other firms can potentially enter and compete, leading to less sustainability.
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How does Ana spend her time in seedfolks?
Answers
Answer:
B
Explanation:
Got it right on edg 2020
A new airline in Mexico has started a new non-stop flight from Mexico City to Boston in the United States. The airline requires an average sales revenue of at least $10,000,000 per year for four years to break even. If sales are $5,000,000 in year 1, how much should the sales increase by a constant amount per year in order for the airline to reach its break-even target in four years?
Answers
In order for the airline to reach its break-even target of $10,000,000 per year for four years, the sales should increase by $1,250,000 per year.
To calculate the amount by which sales should increase per year, we need to find the difference between the break-even target and the sales in year 1, which is $10,000,000 - $5,000,000 = $5,000,000. Since the airline has four years to reach the break-even target, we divide the difference by four, resulting in an annual increase of $5,000,000 / 4 = $1,250,000. Therefore, the sales should increase by $1,250,000 per year for the airline to reach its break-even target in four years.
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Safety and self-actualization are examples of
a. credibility appeals
b. emotional appeals
C.
selective appeals
d.
logical appeals
Answers
Answer:
b
Explanation:
An emotional appeal is a method of persuasion that is designed to create an emotional response. Emotion -phatos in Greek, is one of the three modes of persuasion identified by the well-known philosopher Aristotle. Emotional appeals are meant to manipulate emotions in an audience.
Emotional appeals are used by means of communication. For instance, when a news TV show relates a new on the rise of crime in a given state it causes insecurity in the audience or when an ad on social media prompts information on new technology it creates the need for updating our knowledge so the audience understands what that is about
Answer:
b. emotional appeals
Explanation:
took the test :)
The survey that found 75% of consumers would consider going to another company after a bad customer service experience surprises some people because it seems almost too low. Why might that other 25% of consumers not be bothered by a bad customer service experience?
Answers
Answer:
They might not be bothered because nothing has happened yet.
Explanation:
The other 25 percent might not use it a lot.
what's the time now?
Answers
Answer:
13:20 UK timeeeeeeeeee
LIFO Perpetual Inventory
The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31 are as follows:
Date Transaction Number
of Units Per Unit Total
Jan. 1 Inventory 7,500 $75. 00 $562,500
10 Purchase 22,500 85. 00 1,912,500
28 Sale 11,250 150. 00 1,687,500
30 Sale 3,750 150. 00 562,500
Feb. 5 Sale 1,500 150. 00 225,000
10 Purchase 54,000 87. 50 4,725,000
16 Sale 27,000 160. 00 4,320,000
28 Sale 25,500 160. 00 4,080,000
Mar. 5 Purchase 45,000 89. 50 4,027,500
14 Sale 30,000 160. 00 4,800,000
25 Purchase 7,500 90. 00 675,000
30 Sale 26,250 160. 00 4,200,000
Required:
1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in Exhibit 4, using the last-in, first-out method. Under LIFO, if units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the Cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column. Round unit cost to two decimal places, if necessary
Answers
To record the inventory, purchases, and cost of goods sold data in a perpetual inventory record using the last-in, first-out (LIFO) method, follow these steps:
1. Create a table with the following columns: Date, Transaction, Number of Units, Per Unit Cost, Total Cost, Cost of Goods Sold Unit Cost, and Inventory Unit Cost.
2. Start with the beginning inventory on January 1. Enter the transaction as "Inventory" and fill in the corresponding number of units (7,500), per unit cost ($75.00), and total cost ($562,500) in the respective columns.
3. Move to the next transaction, which is a purchase on January 10. Enter the transaction as "Purchase" and input the number of units (22,500), per unit cost ($85.00), and total cost ($1,912,500) in the respective columns.
4. Calculate the cost of goods sold for the first sale on January 28. Subtract the number of units sold (11,250) from the previous inventory and purchases. Since LIFO assumes that the latest units purchased are sold first, record the cost of goods sold unit cost as $85.00 (the per unit cost of the January 10 purchase) and the inventory unit cost as $75.00 (the per unit cost of the beginning inventory). Multiply the cost of goods sold unit cost by the number of units sold to get the total cost of goods sold ($956,250).
5. Repeat step 4 for the sale on January 30, using the same logic. The cost of goods sold unit cost will still be $85.00, but the inventory unit cost will remain $75.00. Calculate the total cost of goods sold as $318,750.
6. Continue this process for each transaction, adjusting the inventory and calculating the cost of goods sold accordingly. Remember to use the LIFO method by prioritizing the units with the higher unit cost in the cost of goods sold unit cost column and the units with the lower unit cost in the inventory unit cost column.
By following these steps, you can accurately record the inventory, purchases, and cost of goods sold data using the LIFO perpetual inventory method.
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if you are starting a new company and need employees to do a variety of things while you make most of the decisions yourself, you would use a________ organizational structure.
Answers
If you are starting a new company and need employees to do a variety of things while you make most of the decisions yourself, you would use a hierarchical or top-down organizational structure.
What do you understand by organizational structure?This type of structure is characterized by a clear chain of command, with decision-making authority concentrated at the top of the organization and lower-level employees following instructions from their superiors.
In this type of structure, communication flows downward from the top to the bottom, and employees are typically grouped into functional departments or teams based on their areas of expertise.
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Management believes, and the auditor is satisfied, that a material loss probably will occur when pending litigation is resolved. Management is unable to make a reasonable estimate of the amount or range of the potential loss but fully discloses the situation in the notes to the financial statements. If management does not make an accrual in the financial statements, the auditor should express a(n)
A. Qualified opinion due to a scope limitation.
B. Unmodified opinion with no additional paragraph in the auditor's report.
C. Qualified opinion due to a material misstatement.
D. Unmodified opinion with an emphasis-of-matter paragraph.
Answers
The auditor should express an unmodified opinion with an emphasis-of-matter paragraph.(D)
In this situation, management believes a material loss probably will occur and has disclosed it in the notes to the financial statements, even though they cannot make a reasonable estimate of the amount or range of the potential loss.
Since the disclosure is adequate, the auditor is satisfied, and no accrual is made in the financial statements, the auditor should express an unmodified opinion.
However, the auditor should include an emphasis-of-matter paragraph to draw attention to the note disclosing the pending litigation and its potential impact on the financial statements.
This approach highlights the issue without suggesting that the financial statements are materially misstated or that there is a scope limitation in the audit.(D)
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Utilizing your research notes, imagine you are a business manager and you must create a brief step-by-step problem-solving guide to be used by your employees. The guide should outline the steps in the problem solving process and provide a few details as to how an individual could approach each step. The guide should be no more than one page. Be sure to explain the value of collaboration and teamwork within the workplace.
Answers
Answer:
Define the problem
Analyze the affects of problem on the business
Generate list possible solutions to it.
Evaluate each alternative.
Implement a solution that is best fit
Monitor the results
Explanation:
There are six steps in problem solving. As a business manager one should understand all these steps to immediately counter a problem and progress for business success. The business manager should first define the problem and analyse the affects that it may cause to the business operations. He should then consider list of possible solutions which can solve the problem without any harm to business activities. The best possible solution to the problem should be selected and then it should be implemented to solve the problem quickly. The progress of the problem solving should be evaluated.
Last year, Meether Company produced 18,200 units and sold 17,200 units. The company had no beginning inventory. Meether incurred the following costs:
Direct materials per unit
$31
Direct labor per unit
$15
Variable overhead per unit
$12
Total fixed manufacturing overhead
$91,000
Total selling and administrative
$7,000
Sales Price per unit
$170
Operating income under absorption costing is _____.
A. $1,833,400
B. $1,919,400
C.$1,840,400
D. $1,926,400
Answers
Answer: (A) $1,833,400
1. Calculate the total production costs:
- Direct materials per unit: $31
- Direct labor per unit: $15
- Variable overhead per unit: $12
Total variable cost per unit = $31 + $15 + $12 = $58
2. Calculate the total fixed manufacturing overhead per unit:
Fixed manufacturing overhead = $91,000
Total units produced = 18,200 units
Fixed manufacturing overhead per unit = Fixed manufacturing overhead / total units produced
= $91,000 / 18,200 = $5
3. Calculate the total cost per unit:
Total cost per unit = Total variable cost per unit + Fixed manufacturing overhead per unit
= $58 + $5 = $63
4. Calculate the cost of goods sold (COGS):
Units sold = 17,200 units
COGS = Units sold * Total cost per unit
= 17,200 * $63 = $1,083,600
5. Calculate total sales revenue:
Sales price per unit = $170
Total sales revenue = Units sold * Sales price per unit
= 17,200 * $170 = $2,924,000
6. Calculate the total selling and administrative expenses:
Total selling and administrative expenses = $7,000
7. Calculate the operating income under absorption costing:
Operating income (under absorption costing) = Total sales revenue - COGS - Total selling and administrative expenses
= $2,924,000 - $1,083,600 - $7,000 = $1,833,400
The operating income under absorption costing is $1,833,400.
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Outline TWO benefits of using the FIFO system for Mcdonald’s
Answers
There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;
What is FIFO?
FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.
Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.
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Standard costs should be developed by: Group of answer choices The CEO The most experienced managerial accountant at the company a democratic vote of all company employees a cross-functional team of all persons who have knowledge regarding a company's costs and production processes
Answers
Answer:
The most experienced managerial accountant at the company
Explanation:
In simple words, By historical experience or industrial guidelines, a standard cost can be calculated. To calculate its performance, the organisation will then evaluate the typical costs versus the real performance. There is a disparity often when measuring standard costs to real outcomes. Thus, the most experiences person in accounting should compute it.
please help me answer these questions
Answers
Answer: See explanation
Explanation:
1. Inelastic demand occurs when a change in price doesn't really have an effect on the quantity of the goods demanded. Examples of products with inelastic demand are salt and prescription drugs.
2. Elasticity for demand helps in the determination of the prices of factors of production. It is also vital in knowing how price changes will affect the revenue of the firm.
3. Normal goods are the goods that when income increases, the demand for them increases as well e.g. household appliances
For inferior goods, when Income increases, their quantity demand reduces. These are common with extremely cheap products.
How is it different to approach someone with good news versus bad news? Answer in a few short sentences.
Answers
Answer:
you would have different tones each time you approached them.
Explanation:
with bad news you would kind of be emotional and concerning but if you had good news you would be joyful or excited
If you lose your job in this country, you can claim unemployment and collect money to help you until you can find another job. This is because of economic
security
freedom
equity
growth
(I couldn’t find economics lol)
Answers
This is because of economic "Economic Security".
Economic security is characterized as a person's, family's, or alternately local area's capacity to meet their essential requirements in a feasible and honorable way. This shifts relying upon a person's actual prerequisites, the general climate, and social standards.
When a person is able and eager to work, but they are not employed, they are considered to be unemployed. A person's percentage of the labour force who is jobless is known as the unemployment rate. Consequently, knowing who is employed is necessary to calculate the unemployment rate.
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Novalite Co. has expansion opportunities. Its board of directors has determined that it can manage additional debt and so decided to finance some of these projects by issuing bonds. After consulting with its investment bank, Novalite believes that there are ample buyers for its bonds and the company intends to sell them in $10,000 denominations with the following characteristics: - Maturity: 7 years - Interest payments: Semi-annual - Coupon: 4% The YTM on the current outstanding bonds is 6.05% What is the present value of the 14 coupon payments to the nearest whole dollar? $2,255
$6,965
$3,067
$2,968
$8,844
Answers
The correct answer is: $2,968.Rounding to the nearest whole dollar, the present value of the 14 coupon payments is approximately $2,968.
To calculate the present value of the 14 coupon payments, we need to discount each payment to its present value using the yield to maturity (YTM) of 6.05%.
Given:
- Maturity: 7 years
- Interest payments: Semi-annual
- Coupon: 4%
- YTM on the current outstanding bonds: 6.05%
To calculate the present value of the coupon payments, we can use the formula for the present value of an ordinary annuity:
PV = C x (1 - (1 + r)^(-n)) / r
Where:
PV = Present value
C = Coupon payment
r = Yield to maturity (YTM) / 2 (since it's semi-annual)
n = Number of coupon payments
In this case, the number of coupon payments is 14 (7 years x 2 semi-annual payments).
Using the provided information, we can calculate the present value of the 14 company coupon payments:
PV = 10,000 x (1 - (1 + 0.0605/2)^(-14)) / (0.0605/2)
Calculating the above formula will give you the present value of the 14 coupon payments.
Rounding to the nearest whole dollar, the present value of the 14 coupon payments is approximately $2,968.
Therefore, the correct answer is: $2,968.
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How can I calculate Debt/Equity ratio to calculate unlevered
beta if Debt to asset ratio is .5177?
Levered Beta = 1.16
Answers
To calculate the unlevered beta, you need the levered beta and the debt-to-equity ratio. Given only the debt-to-asset ratio, the main answer cannot be provided without additional information.
To calculate the unlevered beta, you need the levered beta and the debt-to-equity ratio. The debt-to-asset ratio alone is not sufficient for this calculation. The debt-to-equity ratio represents the proportion of a company's total debt relative to its total equity. It is calculated by dividing total debt by total equity. Without the value of total equity, it is not possible to calculate the debt-to-equity ratio and subsequently determine the unlevered beta. Additional information is needed to calculate the unlevered beta accurately.
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Converting the annual interest rate into a rate for the shorter time period, can be done by dividing the annual rate by the number of days in the time period and then multiplying the result by the number of days the account was open. This will give you the finance charge for the shorter time period.
Answers
The same interest rate (is one the annual rate) was paid using this technique in both February (which has 28 of 29 days) nor March (which has 31 days).
Is the annual fee monthly or yearly?The yearly interest rates you'll pay if you have a balance on a credit card is referred to as the annual percentage rate (APR). Variable APRs are a feature of several credit cards, which implies that your rate could go up or lower over time.
How do I calculate my annual rate?By dividing the total gain or loss at the close of the year by that initial investment announced at the start of the year, the annual rate of return is determined. This approach is additionally known as the yearly rate of
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You are in charge of planning a concert for Beyoncé at NRGstadium. You need to pay Beyoncé $2 million for the show, $50,000for the technical crew, $50,000 to the back up dancers, and$200,000 to r ent the stadium. You know you can sell tickets for $200 each. What is the breakeven number of tickets you must sell?A) 10,000B) 11,500C) 12,500D) 13,000
Answers
The corrrect answer is B) 11,500. The breakeven number of tickets that need to be sold for the Beyoncé concert at NRG stadium is 11,500.
To calculate the breakeven number of tickets that need to be sold, we need to determine the total cost of the concert and divide it by the price per ticket.
The total cost of the concert is the sum of Beyoncé's fee, the technical crew and backup dancers' fees, and the stadium rental cost, which is $2 million + $50,000 + $50,000 + $200,000 = $2,300,000.
To break even, the total revenue generated from ticket sales needs to equal the total cost of the concert, which is $2,300,000. Therefore, we can set up an equation:
$200 x = $2,300,000
where x is the number of tickets that need to be sold.
Solving for x, we get:
x = $2,300,000 ÷ $200
x = 11,500
Therefore, the breakeven number of tickets that need to be sold for the Beyoncé concert at NRG stadium is 11,500.
Answer: B) 11,500
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QUESTION 15 The primary objective of fundamental analysis is to identify
O well-run firms
О poorly run firms
O mispriced stocks
O high P/E stocks
Answers
The primary objective of fundamental analysis is to identify mispriced stocks. The Option C.
What is the main objective of fundamental analysis?The main objective of fundamental analysis is to evaluate the intrinsic value of a stock or security by analyzing various factors such as financial statements, industry trends, management quality and competitive positioning.
By assessing these fundamental factors, analysts aim to determine whether a stock is overvalued or undervalued in relation to its intrinsic worth. This analysis helps investors identify mispriced stocks which are those that may be trading below their intrinsic value and therefore present potential opportunities for profit.
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how do changes in the environment affect businesses and thus consumers?
Answers
Answer:
If the environment changes then the businesses will make products you need in that environment so consumers will buy more of that product because they need it. For example, if it's summer you need new summer clothes so companies will start to make summer clothes so people will buy them instead of winter or fall clothes because of the environment. So businesses are getting money and the consumers are getting what they need or want.
Subject: Leadership
Company: Huawei
What are the Steps to Build Up Leadership Spirit Among
Employees?
Answers
Building up leadership spirit among employees is a crucial aspect of developing a strong and effective workforce. Here are some steps that can be taken to foster leadership spirit among employees in a company like Huawei:
1. Provide leadership development programs: Implement leadership development programs that offer training, workshops, and mentoring opportunities to employees. These programs can enhance their leadership skills, decision-making abilities, and problem-solving techniques.
2. Encourage autonomy and empowerment: Foster an environment that promotes autonomy and empowerment among employees. Give them the freedom to make decisions, take ownership of their work, and contribute ideas. This encourages leadership behavior and boosts confidence.
3. Recognize and reward leadership qualities: Implement a system to recognize and reward employees who display leadership qualities. This can include acknowledging their achievements, providing career advancement opportunities, and offering incentives that encourage leadership growth.
4. Foster a culture of continuous learning: Encourage employees to engage in continuous learning and personal development. Offer resources such as books, training materials, and online courses that can help them enhance their leadership skills and knowledge.
By implementing these steps, companies like Huawei can foster a culture of leadership, empower employees, and cultivate a strong leadership spirit throughout the organization.
Building leadership spirit among employees requires a combination of leadership development programs, autonomy and empowerment, recognition of leadership qualities, and a culture of continuous learning. By following these steps, companies can nurture leadership potential and create a workforce that excels in leadership roles.
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Employees tend to stay with one company for their entire careers.
Please select the best answer from the choices provided
OTrue
OFalse
Answers
Answer:The answer would be true, unless the employee had to leave for personal reasons
Explanation: